After a decline this year, the semiconductor market is expected to bounce back in 2024 with nearly 12% growth estimated by the European Semiconductor Industry Association (ESIA).
Gartner: semiconductor sales growth expected to fall next year by 2.5%
Expansion in the Asian electronics sector is continuing, albeit growth momentum has gradually moderated during the first half of 2022, with new orders having slowed, according to the latest S&P Global Electronics PMI survey.
"There is a thriving counterfeit chip market out there," writes Vineeth Venugopal on The Medium. The pandemic triggered "a counterfeit chip crisis, where many fake chips were pushed onto the market on unsuspecting chip hungry consumers".
Supply chain shortages ranging from semiconductors to raw materials and castings are hampering major aerospace companies from capitalising on roaring travel demand, reports EuroNews here.
The U.S. Senate recently passed the CHIPS (Creating Helpful Incentives to Produce Semiconductors) and Science Act to provide more than $52 billion toward semiconductor manufacturing in the U.S. over the next five years. Of that total, $50 billion would go...
The U.S. Food and Drug Administration (FDA) has added both wearable and non-wearable AEDs (defibrillators) , chest drains/suction canisters and autotransfusion systems to the list of medical devices in short supply. This is due to the level of supply expected for...
Electronics industry shows signs of cautious optimism
In terms of NAND Flash wafers, the inventory of memory module factories and end customers is still high, resulting in a continuous decline in wafer quotations. At the same time, the continuous expansion of wafer supply and the continuous optimization of the process have caused the supply chain to be under greater inventory pressure. It is estimated that the contract price of wafers in the third quarter will drop by 15~20% quarterly.
84 percent of procurement leaders agree that dealing with supply chain disruptions has been their biggest career challenge to date, according to a new study of 233 senior procurement executives from U.S. and UK manufacturers.
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